$239,000
●
House -
Off Market
3745 SE Middle Street
Stuart, FL 34997
3 Beds
2 Baths
1,442 Ft²
$350,497
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Welcome to Vista Salerno, an Olde Florida neighborhood that's HOA
free so bring your trucks, boats, trailers, RV's and pets.
This relaxing Ranch beckons you inside where you immediately
feel at home. Cathedral ceiling and skylights brighten the main
living area while the engineered wood flooring transitioning from
room to room adds charm to the interior. Renovated Kitchen with
ornamental backsplash, newer cabinets and lots of counter space is
sure to please. The Family Room provides an extra living space with
awning windows (all in working condition) and access to the
backyard screened porch. Backyard pool is decked out. Newer storage
shed too. Owners made good use of the garage space for storage,
work and hobbies that can be easily converted back for vehicle
usage. A double wide drive allows for multiple sets of wheels AND
there's room on the opposite side of the home to park your camper
or boat. Middle Street is privately maintained by its
residents.
Unit Size
1,442 Ft²
Days on Market
102 days
Land Size
0.17 acres
Price per sqft
$172
Property Type
House
Property Taxes
$112
HOA Dues
-
Year Built
1988
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (MCRTC #M20021969)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | Listed by Raya | $399,000 | |
| Listed by Raya | |||
| | |||
|
Situated in a prime location, this home offers convenient access to dining, shopping and boat ramps. The absence of an HOA gives you the freedom to store a boat or RV. The fenced backyard is lush with fruit trees and has a tropical feel, perfect for relaxing or entertaining. There is a new metal roof (2022) and the primary bathroom was recently renovated. This split floor plan has a great flow and open, versatile living area. The garage has been converted to storage/ work space, but could be converted back to a garage.
| |||
| May 11, 2020 | Sold | ||
| Sold | |||
| Jan 23, 2020 | Listed by Berkshire Hathaway Florida Realty | $248,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Mar 27, 1996 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Martin
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Listed by: Catherine Winters, Berkshire Hathaway Florida Realty
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20021969
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20021969
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
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